We expect a $1488 movement on CT within 48 hours following the release of ECB Interest Rate Decision at 2023-06-15 12:15. We expect CT to trend downwards 48 hours following the event release at 2023-06-15 12:15 if the released value is = 4%. A price movement of 1870 pips is expected.
Historical events that allowed us to draw this conclusion
16 Mar 13:15 |
02 Feb 13:15 |
27 Oct 12:15 |
09 Jun 11:45 |
14 Apr 11:45 |
16 Dec 12:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).